- 4-Week # shares sold: 4,000
- 12-Week # shares sold: 4,000
- 24-Week # shares sold: 10,355
Rowan's (RDC) stock rating was cut to 'sell' at Societe Generale on Monday morning.
Jefferies reduced Rowan's (RDC) price target to $17, noting that the contracted floater rigcount is likely to decelerate in the near-term.
With oil prices approaching the $50 mark, analysts say it may be time to buy the shares of such high-performing prospects as Eco-Stim Energy, Nabors Industries and Halliburton.